1. Tax Implications: Section addressing potential tax consequences of the debt settlement, used when the forgiven amount is substantial

2. Credit Reporting: Terms regarding how the settlement will be reported to credit bureaus, used when parties want to specify credit reporting requirements

3. Non-Disparagement: Mutual agreement not to make negative statements about the other party, used in sensitive or high-profile cases

4. Third-Party Rights: Addresses rights of any third parties involved, used when there are guarantors or other interested parties

5. Dispute Resolution: Specifies mediation or arbitration procedures, used when parties want to avoid potential court proceedings

6. Severability: Ensures remainder of agreement remains valid if any provision is found unenforceable, used in complex agreements

1. Schedule A - Debt Details: Detailed breakdown of the original debt, including account numbers, dates, and amounts

2. Schedule B - Payment Schedule: If payment is to be made in multiple parts, details the payment dates and amounts

3. Schedule C - Original Agreement: Copy of the original agreement or documentation that created the debt

4. Appendix 1 - Proof of Authority: Documentation proving authority to settle (if dealing with corporate entities or representatives)

5. Appendix 2 - Release Form: Standard form confirming receipt of funds and release of claims